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question 59

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Use the information below to answer the following question(s) .
A company makes table lamps, for which the following standards have been developed:
Use the information below to answer the following question(s) . A company makes table lamps, for which the following standards have been developed:    During January, production of 100 lamps was expected, but 110 lamps were actually completed. Direct materials purchased and used were 2,100 kilograms at an actual price of $2.20 per kilogram. Direct labour cost for the month was $5,310, and the actual pay per hour was $9.00. -What is the All Good Things Ltd. direct labour input-price variance? A)  $4,200 U B)  $4,200 F C)  $200 F D)  $4,000 F E)  $4,000 U During January, production of 100 lamps was expected, but 110 lamps were actually completed.
Direct materials purchased and used were 2,100 kilograms at an actual price of $2.20 per kilogram.
Direct labour cost for the month was $5,310, and the actual pay per hour was $9.00.
-What is the All Good Things Ltd. direct labour input-price variance?


Definitions:

Carbon Fixation Reactions

Biochemical processes by which atmospheric carbon dioxide is converted into organic compounds by plants during photosynthesis.

Ribulose Phosphate

An organic compound involved in photosynthetic reactions, particularly in the regeneration phase of the Calvin cycle.

G3P

Glycerate 3-phosphate, a chemical compound that plays a significant role in the Calvin cycle during photosynthesis and in glycolysis.

Calvin Cycle

A series of biochemical reactions taking place in the chloroplasts of photosynthetic organisms during photosynthesis, where atmospheric carbon dioxide is converted into glucose.

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